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Day: August 9, 2022

financial knowledge
Uncategorised

Looking at RM versus more currencies

Too many people are trying to ‘sell their business or their programme’ by harping on ringgit’s depreciation versus the US$. It’s like if anyone are still foolish enough to invest in Ringgit based investments, it will be the end of the world for them. (the investors). By the way, I remain extremely confident with the Ringgit especially currently when Ringgit is definitely undervalued if we look at the trade surplus. Countries with trade deficits, their currency should drop! Else we are no longer talking about fundamental and more on speculation.

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